In addition to age, gender, claims history, and the make and model of your vehicle, other factors that play a role in determining rates include your eligibility for any safe driver discounts, as well as participation in loyalty programs. For example, drivers with accounts in good standing for a number of years with no record of claims can expect rates to go down. Others who install anti-theft devices or enroll in autopay or paperless billing could also see a few dollars shaved off their bill.
Because Illinois is an at-fault state, if you are determined to be the cause of an accident, you will be expected to pay for the other driver’s damages. With the basic state-required insurance coverage, you may be left with a large bill of out-of-pocket costs if their damages are more than your policy limit, not to mention paying for your own damages.
We highly recommend seeking a complete policy with high comprehensive, collision, and property damage benefits.
Peoria Low-Cost Car Insurance Rates by Zip Code
Some zip codes pay more in premiums than others due to the collective claims and record history of their residents. One neighborhood may have a much higher theft and incidence rate than a second neighborhood two miles down the street, so a +50% difference in rates would not be a surprise at all.
Peoria has 12 zip codes. Here are the average monthly rates for each zip code: